Search results

The Russian invasion of Ukraine has overturned global calculations about natural gas supply, especially in Europe, meaning projects previously thought unfeasible are now making progress. One possible beneficiary is the Nigeria-Morocco Gas Pipeline, strongly pushed by King Mohammed VI and supported by his friend President Muhammadu Buhari, which could now undergo a radical change to supply the European network.

Members of the Parliament of Ghana have opposed a plan by deputy energy minister William Aidoo to move the 250MW Ameri gas-to-power (GTP) power plant to Kumasi, capital of the Ashanti region.

London (LSE)-, Irish- and Ghana Stock Exchange-listed Tullow Oil’s merger with Capricorn Energy (ex-Cairn Energy) brings together two FTSE250 independent exploration and production companies to create an Africa-focused entity with a bigger portfolio and longer pockets. Capricorn’s balance sheet complements Tullow’s regional depth, but questions remain over who gains most from the merger and the deals promised to follow.

Ghana's Bui Power Authority (BPA) is due to bring 154MW of solar generating capacity online in late-2022 or early-2023, as part of ambitions to expand its renewable energy generating capacity.

Sub-Saharan African countries flared 12.15bcm of natural gas in 2021, according to newly-released data from the World Bank Group’s Global Gas Flaring Reduction Partnership (GGFR), the equivalent of 32.4m tonnes of CO2 and $1.4bn worth of gas sales.

Ghana is preparing to offer new oil and gas exploration blocks in its eastern and western offshore basins, according to deputy energy minister Mohammed Amin Adam. The details of the blocks have not been revealed, but they will be awarded to operators through direct negotiations, rather than offered in an open bid round.

The Kumasi waste-to-power plant will pioneer changes in off-grid energy development and waste management in Ghana. Installed with pyrolysis technology, the hybrid plant is supported by the German government.

Lagos-based renewables developer Daystar Power has installed a 1.6MW rooftop solar plant for Ghandour Cosmetics in Ghana.

The European Union-funded Electrification Finance Initiative (EDFI ElectriFI) has extended a $3.1m loan to German C&I solar power provider Redavia to enable it to expand its business in Ghana and Kenya.

Energy minister Matthew Opoku Prempeh is resisting calls for electricity tariffs to rise, despite Electricity Company of Ghana (ECG) recording an annual loss of at least $400m. 

The African Development Bank (AfDB) and its partners are planning to create what they call the world’s largest mini-grid market in Nigeria, using the new Leveraging Energy Access Finance (Leaf) financing model to support the Rural Electrification Agency (REA)’s Nigeria Electrification Programme (NEP).

Tullow Oil has completed its pre-emption on the planned sale of Occidental Petroleum's interests in Ghana’s Jubilee and TEN fields to Kosmos Energy.

Among Russia’s portfolio of interests in Africa – which include a large military sales business and nuclear development ambitions – state-owned entities such as Gazprom, Gazpromneft and Rosneft have built up hydrocarbons industry interests in markets around the continent, from Algeria in the north to Nigeria, and Angola and Mozambique south of the Sahara.  African Energy examines Russia's investments in Africa's upstream sector and its possible strategic objectives.

European leaders are confronting the urgent need to diversify energy supplies away from Russia, while also somehow keeping to their commitments to achieve net zero carbon emissions by 2050, that they made – indeed pioneered – at the COP26 climate conference in Glasgow, just four months ago.  African Energy examines the options and projects under discussion including gas and electricity imports and hydrogen prospects.

Nairobi-based Camco Clean Energy’s new specialised finance company Spark Energy Services is looking to fund solar PV and wind plants, plus energy efficiency initiatives for commercial and industrial (C&I) developers. Spark’s ‘impact-led’ approach intends to enable local developers in sub-Saharan markets to build scale and their balance sheets, in turn creating sustainable C&I businesses